'Grand Theft Auto 5' 2012 release 'won't stop industry sales decline'

A Grand Theft Auto 5 2012 release would be unable to save a poor year for video game sales, according to analysts.

Though doubtful that Rockstar's sandbox title will release this year, analyst Colin Sebastian told Venture Beat that the industry would see a "modest decline in software sales" even if GTA 5 were to launch.

Announced last year, Grand Theft Auto 5 takes place in the city of Los Santos and its surrounding hills, countryside and beaches. Its lead character is thought to be a man named Albert De Silva, played by Ned Luke.